YEIDA’s Residential Scheme Draw for 1,184 Plots!

The Yamuna Expressway Industrial Development Authority (YEIDA) held a draw on October 18, 2023, for its residential plot scheme offering 1,184 plots in Sectors 16, 17, and 20. The draw was conducted under the supervision of an allotment committee to ensure fairness and transparency.

Over 2.4 lakh people registered for the scheme, which received an overwhelming response. The winners of the draw have been announced on the YEIDA website and will be contacted soon to complete the allotment process.

The YEIDA residential plot scheme is a major development for the region and is expected to boost the real estate market. The plots are located in prime sectors with good connectivity to major roads and highways. They are also close to the upcoming Noida International Greenfield Airport at Jewar.

Benefits of the YEIDA residential plot scheme

The YEIDA residential plot scheme offers a number of benefits to successful allottees, including:

  • Opportunity to own a residential plot in a prime location at an affordable price
  • Good connectivity to major roads and highways
  • Close proximity to the upcoming Noida International Greenfield Airport at Jewar
  • Access to world-class amenities and infrastructure

Impact on the real estate market

The YEIDA residential plot scheme is expected to have a positive impact on the real estate market in the region. The scheme has generated a lot of interest from potential buyers, which is likely to boost demand for residential properties in the area.

The scheme is also expected to lead to an increase in prices of residential properties in the region. However, the increase in prices is likely to be gradual and sustainable.

Overall, the YEIDA residential plot scheme is a positive development for the region and is expected to benefit both successful allottees and the real estate market.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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